60 North Lane Headingley, Leeds

Asking price of £165,000
For Sale

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LOCATION

The property occupies a prominent position on

North Lane, close to its junction with Cardigan

Road and Kirkstall Lane within the popular North

Leeds suburb of Headingley.


DESCRIPTION

The newly renovated property comprises a single storey retail unit

providing open plan sales area. The property has

recently been let on a 3-year lease commencing

1st September 2019 at a rental of £12,000 p.a.,

payable monthly in advance. There is no VAT

applicable on this property. The tenant is an

existing Limited Company, the rent is personally

guaranteed and there is a 3-month rent deposit

held by the current landlord.


ACCOMMODATION

Measured in accordance with the RICS Property

Measurement (incorporating International

Property Measurement Standards) 1st Edition,

May 2015, the unit provides an approximate net

internal area of 329 sq ft (30.6m²).


PRICE

The property is offered for sale on a freehold

basis subject to the existing lease outlined above,

at a guide price of £165,000. VAT is understood

to not be applicable on this property.


BUSINESS RATES

According to the Valuation Office Agency website,

the premises has a current 2017 rateable value

of £11,500. Interested parties are advised to

direct further enquiries to the local authority.

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